Community Development, Elevated

HRI Communities sits at the core of what HRI does, transforming underutilized buildings and areas into places where people want to live, work, play and stay. Using our vertically integrated approach, we revitalize neighborhoods and build sustainable communities – it’s what HRI has been doing for 35+ years -- from artist lofts that infuse energy and creativity promoting economic development to mixed‐income and senior housing that improve neighborhoods and address critical needs.

At the heart of HRI Communities’ mission is investing in underserved communities. Using sustainable building practices, we create high‐quality, mixed‐income, senior and affordable housing. Through HRI Management and HRI Lodging, our developments become springboards for job creation and training. Turning job opportunities into career ladders is among the ways we are advancing our collaboration with the National Cities Fund, HRI’s own CDE, to ensure that our communities prosper and thrive.

“We know what it takes to revitalize neighborhoods and build communities.
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Featured Case Studies

Bienville Basin

New Orleans, LA

Seven-phase redevelopment transforming the 23-acre Iberville Public Housing Development, built in 1942, into a vibrant, mixed-use, mixed-income community through a combination of historic rehabilitation and new construction.

Blue Plate Artist Lofts

New Orleans, LA

HRI Communities restored life into a blighted historic building and created a high-quality mixed-income residential community with a leasing preference for local artists.

35+ Years of Results

With $764 million in total community development to our name, HRI has a proven track record revitalizing neighborhoods and building sustainable communities.

43+Completed Mixed-Income, Senior & Affordable Housing Developments

21+Developed Rental Properties with Disaster Recovery Funding(from State of LA following Hurricanes Katrina, Rita, Gustav & Ike)

3544+Total Apartment Units(of which 2,535 are designated affordable)

Financing Capabilities

HRI Communities developments require a creative and complex mix of public financing sources, including 9% Low Income Housing Tax Credits (LIHTCs), 4% LIHTCs and tax-exempt bonds, tax increment financing, restoration tax abatements, Payments in Lieu of Taxes, Federal and State Historic Tax Credits, Community Development Block Grants, HOME Funds, among others. Most importantly though, we consistently utilize our relationships and track record with financial institutions to leverage the amount of private capital at favorable terms and conditions to ensure feasibility for our developments.

Private Capital Partners

Meet the HRI Communities Team

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